How Brookfield Asset Management Could Improve TerraForm Power
The market certainly sees some good things ahead for TerraForm Power (NASDAQ: TERP), the embattled yieldco that's being partially bought out by Brookfield Asset Management (NYSE: BAM). Shares are trading at $13.60 as of this writing, well exceeding the cash buyout price of $11.46 per share. That means that when the buyout takes place, a vast majority of shareholders will take their $1.94 special dividend and one share of new TerraForm Power stock (or less if the deal is prorated).
It's unusual for a stock to trade so far above a buyout price, but in this case, it may be warranted. In fact, Brookfield could add a lot of value to TerraForm Power in the long term.
Image source: Getty Images.
Source: Fool.com
Brookfield Corp. Aktie
41,10 €
1,23 %
Einige positive Einschätzungen für Brookfield Corp. mit mehr Buy- als Sell-Einschätzungen.
Die Community prognostiziert für Brookfield Corp. ein Kursziel von 42 €, was einen leichten Anstieg gegenüber 41.1 € darstellt.
